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Tax Deferred - SEP IRA


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This was something interesting I found out this year..   A SEP IRA.

 

https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-seps

 

Basically allows you contribute ~%20 of your PROFITS to a tax deferred IRA.  Even though I contribute to a 401k at my day job, this is totally separate.   

 

I would suggest talking to your accountant and a financial advisor to set it up and find out more.

 

 

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